FEMA: First Communities Designated as Community Disaster Resilience Zones to Receive Targeted Assistance for Hazards Resilience
Today, FEMA is announcing the initial designation of 483 census tracts that will be eligible for increased federal support to become more resilient to natural hazards and extreme weather worsened by the climate crisis. Congress directed FEMA to make these designations in the Community Disaster Resilience Zones Act of 2022 and implement this bipartisan legislation…
SBA: Veterans Small Business Advisory Committees Schedule Virtual Public Meetings for September 13th and 14th
Today, the U.S. Small Business Administration (SBA) Interagency Task Force (IATF) on Veterans Small Business Development and the SBA Advisory Committee on Veterans Business Affairs (ACVBA) announced they will hold their next set of virtual public meetings on September 13 and 14, respectively. “The IATF and ACVBA meetings are open to the public each quarter to encourage business…
HUD: Assistance Announced for Florida in Wake of Hurricane Idalia
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster relief for the state of Florida to assist state, tribal and local recovery efforts in the areas affected by Hurricane Idalia beginning on August 27, 2023, and continuing. President Biden issued a major disaster declaration “My thoughts are with…
HUD: $256 Million Available in New Choice Neighborhoods Funding
Future awardees will revitalize public and/or HUD-assisted housing, surrounding neighborhoods. Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $256 million in Choice Neighborhoods Implementation (CNI) Grants funding to communities across the country. The CNI Grants will ultimately transform public and other HUD-assisted housing, while investing in the surrounding neighborhood and resident…
FEMA: President Biden Approves Major Disaster Declaration for Tennessee
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement recovery efforts in the areas affected by the severe storms and straight-line winds on July 18-21, 2023. Public assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a…
Census Bureau: New 2022 Annual Integrated Economic Survey Announced
The U.S. Census Bureau this week announced the launch of the 2022 Annual Integrated Economic Survey (AIES), a limited-scope collection of the 2023 AIES that will launch in March 2024. The AIES provides key yearly measures of economic activity, including the only comprehensive national and subnational data on business revenues, employment, expenses and assets on…
SBA: Legacy Businesses Recognized During SBA’s 70th Anniversary Celebration
Today, as part of the agency’s 70th anniversary celebration, SBA Administrator Isabella Casillas Guzman, the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognizes U.S. Small Business Administration(SBA) Legacy Businesses from our 68 district offices of which many recipients started small and leveraged SBA resources on their journey to becoming household names. Administrator Guzman…
SBA: $20 Million Dedicated to New Small Business Export Growth
Administrator Guzman Announces 2023 State Trade Expansion Program Awardees Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced $20 million in grants awarded to 49 state and territory international trade agencies across the country as part of the SBA’s State Trade Expansion Program…
FDIC: FDICconnect’s Banker Engagement Site Announced for Consumer Compliance and CRA Examination Activities
In September 2023, the Federal Deposit Insurance Corporation (FDIC) is launching a new Banker Engagement Site (BES) through FDICconnect. BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. Specifically, BES provides a financial institution’s authorized staff the ability to communicate with FDIC…
FDIC: Start of Marketing Process Announced for $33 Billion Commercial Real Estate Loan Portfolio of Former Signature Bank, New York
Today, the Federal Deposit Insurance Corporation (FDIC) announced the start of a marketing process for the approximately $33 billion Commercial Real Estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank, New York, New York. The majority of the CRE loan portfolio being marketed is comprised of multifamily properties, primarily located in…